many say that's a sign the economy has turned around with us now is lou dobbs. you say. >> it's not a sign that things are turning around. it's good news for president obama. 7.8%. getting into the 7s is very important for him. so that's very good news for him. unfortunately, it does really describe the state of unemployment and real pain in country. 23 million americans have remained unemployed or given up hope of being employed. >> i heard people like barack obama say the numbers were cooked, were fixed. former ceo of g.e. >> jack welch. >> jack welch say they were fixed or something? >> he said definitely those guys from chicago they can't debate so they're cooking the books. >> bill: do you take that seriously? >> no. i do not take it seriously. i have to say jack welch gave us a good laugh because he he was serious. >> bill: welch believes these are bogus numbers? >> that's what he said. it's the kind of nonsense what's really book here. 50,000 they survey the establishment survey it's called services and government is about 150,000 there is a lot of volati